MBA related inquiry

Hey Rohit,

MBA is a management course, that can be pursued only after one clears Graduation with minimum 50%.

Though there are many Institutes that provide an MBA, pursuing it from the top notch University adds value to the subject and is also helpful in terms of placements.

After Graduation, one needs to appear for various competitive entrance exams, All India level, CAT ( IIM) as well as state level entrance exams like CET, ATMA, as well as private Institute exams like XAT, SAT etc.
After clearing the exam, you need to appear for Group discussion and a Personal Interview.
Best way to prepare is to read a lot and at the same time form opinions about what you read and discuss it with people.
For Personal Interview, get prepared for various type of questions right from self to work to your goals for future.

For the entrance exam, you can join coaching classes too.

As per my advise, I feel MBA is a managerial kind of course and one can be a manager when they are aware of the details about the job and its requirement. Thus after job, and getting few years of experience pursuing an MBA is essential.

As such we have heard of 3 specializations which are common:

• Marketing
• Human Resources
• Finance

Some of the other popular and different MBA specialization includes:

• Operations Management
• Inventory Management
• Retail Management
• Banking and Finance
• Systems

Hope this helps.

Wish you good luck....

Dear Aspirant,

As Ms. Mukherjee has already given all the details fantastically, one more specialisation which is present in majority BSchools is International Business, which is related to Import and Export Management.

A point of advice to you that choosing a Bschool is very critical to your success. I would like to reiterate Ms. Mukherjee on this. Do not join an MBA just for the name sake. It is not compulsory to have an MBA to be successful in career.

What is your bachelors degree in? Is it commerce related or non-commerce related. If it is non-commerce related, please remember that after MBA, your graduation will lose value in the industry.

Best wishes

Hi Sir,

Actually m doing b.com from delhi university .....so tell me sir which branch is best for me in MBA.

Dear Aspirant,

If you are doing BCom, then MBA is perfect for you. Hope you are clear and decided that professional courses like CA, CS, CMA, CFA are not for you.

Always remember MBA is not a short cut to a good job, etc.

As far as stream is concerned, by the time you passout B.Com you will become clear and you will have to ask yourself which is the subject which you like the most, like Accounts, Economics, Taxation, Law, etc.
Based on that you will have to decide your specialisation.

Also selecting a branch in MBA will be in the second year of MBA. In the first year of MBA, you will be more exposed to management subjects covering all commerce subjects.

Best wishes

Thankuuu sir. 1 more thing is i m also doing CA i m done my Cpt exam in 2013 . Now i m doing CA (ipcc) so tell me sir MBA is best for me ..

Dear Aspirant,

No two courses are comparable and definitely CA and MBA cannot be comparable in any aspect.

CA is professional course and MBA is a management general course.

Lot of CAs do MBA after some years of work experience, so this means that MBA is a compliment to a CA / CS / CMA.

With MBA there are different job opportunities and with CA there are different.

If you can clear CA, it would be more worth before becoming an MBA.

Best wishes

Thankuu Mr.Anandwadadekar

Dear Rohit,

Since you are already doing CA and hopefully clear CA final. For CA, post-graduation is not required. CA is considered equivalent to post-graduation.

The Association of Indian Universities has given recognition (AIU Letter No.EV/II(56-A)/83 dated 20.3.84) to students who have passed their Final Examination of the Institute of Chartered Accountants of India, New Delhi and are graduates that they be treated to have completed a postgraduate degree in Commerce or allied disciplines for the purpose of registration to Ph.D. Please refer to the link below:
http://www.icai.org/new_post.html?post_id=8378&c_id=352

However, if you are interested to do masters, then there are many options other than MBA. You may consider following disciplines:

A list of trending courses for CAs post qualification are as follows:
Law degree (Intellectual property rights, information security etc.)
MBA (Finance) MBA can be good option for persons working as CAs.
CFA, CPM, and FRM (financial markets courses)
DISA (Auditing course)
Masters in commerce, accounting and insurance, or Actuarial Sciences.
Post qualification courses offered by ICAI in taxation, risk management etc.
PhD

Clarify CA final. After 2-3 years of work experience, MBA can be useful if you are interested in management. Rather than doing post-graduation, I recommend you to do PhD.

Best Wishes,
Apurva Kumar Pandya, PhD

Dear Aspirant,

Post Qualification Courses of ICAI are wonderful, industry relevant and will enhance your knowledge and keep you relevant to the changing scenarios.

After CA, you should definitely go for those Post Qualification courses.

Best wishes